3527 Fm 523 Road

Oyster Creek, TX 77541
$825,000
3 beds | 2 baths | 0.37 acres | #5721477

Description

Discover this exceptional 12-unit apartment complex with an additional 3-bedroom, 2-bathroom manufactured home, all situated on a spacious lot in the heart of Oyster Creek. Each apartment is furnished and offers comfortable living spaces, ideal for tenants seeking a cozy, convenient home. The manufactured home is on the lot behind the apartment. It was recently renovated and just leased for $2000/month!! Located just minutes from Freeport, the property provides easy access to employment hubs, local amenities, and the Gulf Coast's recreational activities. With strong rental demand in the area, this property promises a new owner steady cash flow and long-term growth potential. Ample parking, well-maintained grounds, and potential for upgrades make this a rare find for investors. Don't miss the chance to add this high-yield asset to your portfolio. Contact us today for more details!

  • Property Details
      • Bedrooms:3
      • Bathrooms:2
      • Full Baths:2
      • Lot description:Corner Lot
      • Acres:0.3663
      • Property type:Multi-Family
      • Year built:2006
      • Utility features:Cable Connected, Electric, Water Connected
      • Subdivision:Baldwin
      • School district:7 - Brazosport
      • Elementary School:Freeport Elementary
      • Middle School:O'hara Lanier Middle
      • High School:BRAZOSPORT HIGH SCHOOL
      • County:Brazoria
      • Taxes annual:$7, 465
      • MLS #:5721477
      • Cost:825000
      • Property subtype:Multi Family, 5 Plus
      • MLS #:5721477

Location

SDR TeamReal Estate Group
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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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